Ur-Energy Inc. (URG) PT Set at $2.00 by HC Wainwright

Ur-Energy Inc. (NYSE:URG) (TSE:URE) received a $2.00 price objective from equities researchers at HC Wainwright in a note issued to investors on Monday. The brokerage presently has a “buy” rating on the basic materials company’s stock. HC Wainwright’s price objective suggests a potential upside of 277.36% from the company’s current price.

Several other research analysts have also issued reports on URG. Zacks Investment Research upgraded shares of Ur-Energy from a “hold” rating to a “buy” rating and set a $0.50 target price for the company in a research report on Thursday, October 19th. Roth Capital set a $2.00 target price on shares of Ur-Energy and gave the stock a “buy” rating in a research report on Tuesday, August 1st. ValuEngine upgraded shares of Ur-Energy from a “hold” rating to a “buy” rating in a research report on Monday, October 2nd. Finally, FBR & Co reiterated a “buy” rating and issued a $1.00 target price on shares of Ur-Energy in a research report on Friday, September 1st. One investment analyst has rated the stock with a hold rating and four have issued a buy rating to the stock. The company has an average rating of “Buy” and an average target price of $1.38.

Shares of Ur-Energy (NYSE:URG) opened at 0.53 on Monday. Ur-Energy has a 1-year low of $0.41 and a 1-year high of $0.91. The firm’s 50-day moving average price is $0.55 and its 200 day moving average price is $0.58. The company has a market capitalization of $77.31 million and a PE ratio of 9.81.

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Ur-Energy Company Profile

Ur-Energy Inc is an exploration-stage mining company. The Company is engaged in uranium mining, recovery and processing activities, including the acquisition, exploration, development and operation of uranium mineral properties in the United States. Its flagship property is the Lost Creek Project in Sweetwater County, Wyoming.

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